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Compound Interest Worksheet 08 For Google Apps | |||||
Here are the samples of compound interest found on each worksheet (answers are on the second page of the workseet): 1. If a principal of $755 was invested at a rate of 7% compounded semiannually and terminates with a balance of $866.38, how long was the money invested for? 2. How much interest does a $567 investment earn at 10% compounded semiannually over three years? 3. At what rate was an investment made that obtains $139.29 in interest compounded semiannually on $525 over three years? |
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